Richard Lawrence, the founder of the Overlook Group, was a recent guest on the Capital Allocators podcast. The episode with Richard covers his early career experiences, the founding of Overlook and the particulars of the approach he takes to investing and running his firm. The Capital Allocators podcast series was launched by Ted Seides, formerly of […]
Author: offpisteblog
Readings For The Week (20/8)
Expanded reading list this week. Enjoy! Tillerson in Asia: With its short-term focus on what currently occupies the American mind (North Korea), the U.S. is actually playing into China’s hands in Asia. Andrew Ng’s text trick: A leading AI researcher and educator says that millions of people should master deep learning. Interview with Warren Buffett: […]
RIT Capital Partners: 1H 2017 Report
RIT Capital Partners have published their half-yearly report for 2017. You can download and read it here. The report provides a general update on their current thoughts and views, insights about existing holdings and changes to the portfolio over the period. The chairman’s statement, written by Lord Rothschild, is also worth a read (pages 2-3 […]
Platinum Increases Stake In BBMG
Platinum Investment Management Limited (Platinum) recently increased their stake in HK-listed BBMG Corporation (BBMG). According to a filing submitted to the Hong Kong Stock Exchange on August 15th, 2017, Platinum purchased 7,086,600 shares on the exchange at an average price of HKD 4.215 per share on August 10th (the total consideration was ~US$3.8m). Following the purchase, their […]
Hillhouse Adds To Stake In China Resources Beer
Hillhouse Capital Management (Hillhouse) recently increased their stake in HK-listed China Resources Beer (Holdings) Company Limited (China Resources Beer). According to a filing submitted to the Hong Kong Stock Exchange on August 14th, 2017, Hillhouse bought 5,162,000 shares on the exchange at an average price of HKD 19.4317 per share on August 9th (the total […]
Readings For The Week (13/8)
This week’s readings include an interview with Garena’s group president Nick Nash, Bloomberg on Ray Dalio’s succession plans, reflections from Kishore Mahbubani on ASEAN’s 50th anniversary, the second quarter investor letter from Petra Capital Management and Richard Harris on why low-turnover investing is a strategy that reaps rewards over the long term. Reimagining e-commerce for Southeast […]
FT Adviser Interview With Robert Horrocks
Interesting interview with Robert Horrocks in this week’s FT Adviser. Horrocks is the chief investment officer at Matthews Asia. He discussed his route into the industry, the challenges of marketing Asia to investors in the US and his outlook for the region. Some highlights below (quotes taken directly from the article): On investing in Asia […]
Ray Dalio: Risks Are Rising
Ray Dalio, the founder and chairman of Bridgewater Associates, has published a short blog post on LinkedIn. You can find the full note here. He writes that “prospective risks are now rising and do not appear appropriately priced in,” in part because people are assuming the circumstances they have recently encountered will persist. In his view, […]
Scottish Oriental’s Semi-Annual Update
Scottish Oriental Smaller Companies Trust have published their semi-annual update for 2017. You can download and read it here. The report provides a general update on their current thoughts and views, insights about existing holdings and changes to the portfolio over the period. It’s a little long, but an excellent read overall. I particularly enjoyed […]
Waverton Comments On Bekasi Fajar
Waverton Southeast Asian Fund recently published their investor update for July 2017, which is available for download from their website. The letter includes commentary on their (relatively small) position in Krungthai Card Company and their outlook for the banking sector in Singapore (fully valued in their view). The fund also initiated a position in Bekasi […]